Connect with us

Business

Envoy says Pakistan and Afghanistan will have to resolve trade issues themselves

Published

on

(Last Updated On: July 28, 2023)

Pakistan and Afghanistan would have to resolve their problems themselves, especially trade issues. International community and regional powers want to keep the two neighboring countries engaged in minor issues while the policymakers of the two countries need to sit together and remove the hurdles in the way of beneficially mutual trade.

This was the crux of the seminar on ‘Pak-Afghan Bilateral Trade Relations’ organized by the Institute of Regional Studies on Wednesday.

Afghan Consul General in Peshawar, Hafiz Mohibullah, was the guest of honor.

IRA Chairman Dr Mohammad Iqbal Khalil, Director Pak-Afghan Chamber Ziaul Haq Sarhadi, member of the chamber Shahid Hussain and a columnist Alamgir Afridi spoke at the event.

The speakers said that certain elements want to create and maintain tension between the two countries.

They said the leadership of the two Muslim countries should work out a solution to the economic challenges faced by them.

Hafiz Mohibullah said that instead of looking to others, the two countries would have to solve their political and economic problems themselves.

He said during America’s 20-year occupation of the country, the US and NATO could not establish a single institution or hospital in Afghanistan. Also, he added, the US and NATO failed to take any steps for the economic betterment of Afghanistan.

“All that the US and NATO did in Afghanistan during their stay was to spread destruction. On the other hand the government of Islamic Emirate carried out such projects during its one-year rule in the country which could not be done by the occupation forces and their puppet government(s) during 20 years,” he claimed.

He said the former president of Afghanistan, Ashraf Ghani had control over just one-third of the country, while the Islamic Emirate’s control extended to every nook and corner of the country. The diplomat said the world nations have not yet formally recognised the rule of the Islamic Emirate. But, interestingly they were making various demands to the Taliban government, he added.

About Afghanistan-Pakistan relations, Hafiz Mohibullah said both the countries needed the help and support of each other. The way the people of the two countries supported each other in the past, they should have mutual cooperation for promotion of bilateral trade.

“If they support each other to promote their mutual trade, they would not be in need of looking towards others,” he remarked.

He said that the US and NATO wanted to create problems, but the leadership of the two countries would not allow them to interfere in their affairs. This way they would overcome their economic issues, he said.

Dr Iqbal Khalil said the two countries were connected with each other in all the sectors and their cooperation would result in the development of both the countries. He said that Afghanistan and Pakistan were confronting trade and economic challenges which they should mutually overcome.

The speaker said that despite their important geo-strategic position, the mutual trade between the two countries has decreased instead of showing an increase.

He said that Afghanistan was the major market for trade and industry of Khyber Pakhtunkhwa.

Dr Iqbal Khalil expressed his optimism that peace would be restored in Afghanistan and the government of Islamic Emirate would give a roadmap for trade relations with Pakistan.

Ziaul Haq Sarhadi said the trade volume between Afghanistan and Pakistan during 2022-23 was $968 million, while it was $2.5 billion in 2012.

He said the trade agreement of 1965 between the countries functioned smoothly for 45 years. But in 2010 a new agreement was signed, which was protested by traders and chambers of both the countries. This agreement is not useful and it has become virtually ineffective, he said. This issue needs to be resolved, he added.

Business

Turkmenistan makes ‘significant progress’ on TAPI pipeline project

Published

on

(Last Updated On: April 29, 2024)

Turkmenistan has made “significant progress” on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, said TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov.

“Turkmenistan is making significant progress on the TAPI natural gas pipeline, which will supply 33 billion cubic meters to South Asia annually,” he said.

Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Amanov highlighted that Turkmenistan’s section of the pipeline had been completed and ongoing discussions to advance the project beyond Turkmenistan were in strict alignment with the international standards.

He said the project envisaged environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.

“In light of the ongoing project developments, Turkmenistan remains committed to upholding the international law, fulfilling its obligations and adhering to international norms and regulations,” he said.

This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.

Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety, he said.

Continue Reading

Business

Azizi calls on Malaysian investors to invest in Afghanistan

Published

on

(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

Continue Reading

Business

Afghanistan starts exporting via railway to Turkey

Published

on

(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!